Axis Nifty Bank Index Fund Overview
Category Index Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 19-11-2024
NAV ₹10.31(R) +0.52% ₹10.36(D) +0.52%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) -% -% -% -% -%
LumpSum (D) -% -% -% -% -%
SIP (R) -% -% -% -% -%
SIP (D) -% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top Index Fund
Fund Name Rank Rating
Motilal Oswal Nifty Smallcap 250 Index Fund 1
Aditya Birla Sun Life Nifty Midcap 150 Index Fund 2
Nippon India Nifty Smallcap 250 Index Fund 3
Nippon India Nifty 50 Value 20 Index Fund 4
Motilal Oswal Nifty Midcap 150 Index Fund 5
Dsp Nifty Next 50 Index Fund 6
Nippon India Nifty Midcap 150 Index Fund 7
Kotak Nifty Next 50 Index Fund 8
motilal oswal nifty next 50 index fund 9
Icici Prudential Nifty Next 50 Index Fund 10

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Axis Nifty Bank Index Fund - Regular Plan - IDCW Option 10.31
0.0500
0.5200%
Axis Nifty Bank Index Fund - Regular Plan - Growth Option 10.31
0.0500
0.5200%
Axis Nifty Bank Index Fund - Direct Plan - Growth Option 10.36
0.0500
0.5200%
Axis Nifty Bank Index Fund - Direct Plan - IDCW Option 10.36
0.0500
0.5200%

Review Date: 19-11-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It indicates the appreciation in the investment's value within the investment period, represented as a percentage or a specific amount of money. We conducted an analysis of the two return parameters of this fund to assess their performance. To assess performance, we have segmented the return parameters into three groups: the top 25%, parameters below the top 25% but still above average, and parameters below average. The results are provided below.
    1. Top 25%: Two return parameters of the Axis Nifty Bank Index Fund are in the top 25% in the category, as listed below:
      • 1M Return %
      • 3M Return %
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Axis Nifty Bank Index Fund has no return parameters that are below average in the category.
  2. Risk: The threat of not realizing projected profits or even facing financial loss due to different issues is known as risk. For Axis Nifty Bank Index Fund, we have analyzed zero risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Axis Nifty Bank Index Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Axis Nifty Bank Index Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Axis Nifty Bank Index Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -2.65
-4.65
-8.56 | 1.96 33 | 145 Very Good
3M Return % 0.29
-3.98
-14.58 | 6.08 31 | 144 Very Good
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -2.58 -4.61 -8.51 | 1.99 30 | 147
3M Return % 0.51 -3.87 -14.42 | 6.22 28 | 146
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.52 ₹ 10,052.00 0.52 ₹ 10,052.00
1W -1.06 ₹ 9,894.00 -1.04 ₹ 9,896.00
1M -2.65 ₹ 9,735.00 -2.58 ₹ 9,742.00
3M 0.29 ₹ 10,029.00 0.51 ₹ 10,051.00
6M ₹ ₹
1Y ₹ ₹
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 ₹ ₹
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Axis Nifty Bank Index Fund NAV Regular Growth Axis Nifty Bank Index Fund NAV Direct Growth
19-11-2024 10.3128 10.3579
18-11-2024 10.2599 10.3045
14-11-2024 10.2235 10.267
13-11-2024 10.2053 10.2485
12-11-2024 10.4229 10.4668
11-11-2024 10.5694 10.6136
08-11-2024 10.5062 10.5493
07-11-2024 10.5787 10.622
06-11-2024 10.6605 10.7037
05-11-2024 10.6385 10.6815
04-11-2024 10.4376 10.4794
31-10-2024 10.4917 10.5328
30-10-2024 10.5595 10.6006
29-10-2024 10.6645 10.7057
28-10-2024 10.4488 10.4889
25-10-2024 10.3536 10.3927
24-10-2024 10.5053 10.5446
23-10-2024 10.4458 10.4847
22-10-2024 10.4497 10.4884
21-10-2024 10.5934 10.6324

Fund Launch Date: 24/May/2024
Fund Category: Index Fund
Investment Objective: To provide returns before expenses that corresponds to the total returns of the Nifty Bank TRI subject to tracking errors. However there is no assurance that the investment objective of the Scheme will be achieved.
Fund Description: An Open Ended Index Fund tracking the Nifty Bank TRI
Fund Benchmark: Nifty Bank TRI
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.